ORGANON & CO (OGN) Technical Analysis
NYSE:OGN • US68622V1061
Current stock price
OGN Technical Rating and Analysis
Taking everything into account, OGN scores 7 out of 10 in our technical rating. Although OGN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 85% of all other stocks performed better in the past year than OGN.
- OGN is one of the lesser performing stocks in the Pharmaceuticals industry. 61% of 191 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month OGN has a been trading in the 5.69 - 9.83 range, which is quite wide. It is currently trading near the high of this range.
- OGN has an average volume of 5534620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OGN is lagging the market.
OGN Weekly and Daily overview Charts
OGN Setup Rating and Analysis
Although OGN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OGN Support and Resistance Analysis
6.07
2 important support areas can be observed.
- A support zone ranging from 8.83 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.13 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.73 to 9.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
OGN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGN is up. |
| ChartMill Relative Strength | 15.7 | NEGATIVE | OGN has a low relative strength, it was outperformed by 84.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OGN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.77 | NEUTRAL | The RSI value for OGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests OGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests OGN may be overbought. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for OGN suggests high volalility. |
| Average Directional Index/ADX (14) | 47.14 | POSITIVE | The high ADX value value for OGN suggests a strong trend. |
OGN Chart- and CandleStick Pattern Analysis
OGN Technicals: Chart, Performance Metrics, Trend & Indicators
9.14
+0.3 (+3.39%)
ORGANON & CO / OGN TA FAQ
Can you provide the ChartMill technical rating for ORGANON & CO?
ChartMill assigns a technical rating of 7 / 10 to OGN.
What is the trend direction for OGN stock?
The current trend direction for ORGANON & CO (OGN) is Bullish.
What is the RSI signal for ORGANON & CO (OGN) stock?
ORGANON & CO (OGN) has an RSI value of 65.7668. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ORGANON & CO?
The MACD indicator for ORGANON & CO (OGN) has a value of 0.242954, indicating a bearish trend.
What is the buy/sell signal for ORGANON & CO (OGN) stock?
The buy/sell signal for ORGANON & CO (OGN) is buy as both the short term and long term trends are positive.